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1000 BONK - UPTREND!!!About Bonk What Is Bonk (BONK)? According to the one-pager, BONK is the first dog-themed coin on Solana "for the people, by the people" with 50% of the total supply of the cryptocurrency airdropped to the Solana community. BONK is similar to Shiba Inu (SHIB) and Dogecoin (DOGE) memecoins, it was launched on December 25, 2022, and led to an increase in the price of the SOL token (a rise of 34% in 48 hours). Trading began on December 30, 2022, arousing genuine interest from the crypto community. The main goal of the team is to bring back liquidity to Solana-based decentralized exchanges (DEXs). The idea of the developers was to create a full-fledged community coin that will be used across all the dApps built on Solana, and each user will have the opportunity to become part of the ecosystem, "where everyone gets a fair shot". BONK was airdropped randomly to Solana NFT collectors, developers, and artists, other airdrop details remain unknown. Currently, the project has a small digital footprint on the Internet, except for an active twitter account.
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by POWERFUL_TRADERS
PinkCoin/BTC (PinkCoin) Pink’s Wedgies = Massive Upside Potent! PinkCoin/BTC Pink’s Massive Wedgies! PinkCoin/Bitcoin 05/08/18, 9:20 p.m. EST, by Michael Mansfield PinkCoin represents the color of compassion, ultimately seeking to be a universal donation token tied to a blockchain potentially to better follow the money. Currently, PinkCoin has two significant wedges that could potentially propel it to 400-500% gains, or much more if both wedge/triangle resistance lines are broken to the upside. CYCLES: Medium-term and longer-term cycles are favorable. Although there is obviously not enough data or sample sizes to know how accurate these will be in the near-term future. And, there may be a much larger cycle that we cannot yet measure due to the lack of historical data. That said, a break to the upside soon is certainly within the realm of possibly. VOLUME PROFILE: This indicator suggests that some backing and filling can be done in the area of 0.00000525 to 0.00000800 without much problem should a break to the upside occur. Current price is 0.00000295 so that is a lot of room the the upside. UPPER TARGETS IF BOTH WEDGES ARE BROKEN TO UPSIDE: Inner wedge measured move target is the 0.786 prcnt retracement level priced at 0.00001150 area! Outer wedge target is 0.00001776 so figure 0.00001700 and call it a day. ELLIOTT WAVES: Looks loosely like a ABCDE triangle formation. If so, this would be the terminal wave up before an extended corrective bear market, if Elliott Wave rules pertain to such thinly traded markets. ANDREWS/SCHIFF LINES: The recent spike hit the standard Schiff 50% line, which was also where the inner wedge resistance line was. The next stop could be the 23.6% retracement level. NEGATED: The potential bullish breakout scenario would be negated if PinkCoin breaks below the trend-line support at 0.00000223 This is a very small cap token so only for smaller positions. Could be fun ride. Be cautious on this one… DISCLOSURE: This analysis is meant for educational purposes only. You trade at your own risk! Michael Mansfield CIO
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by UnknownUnicorn1613901
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